July 19 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
The disconnect between Asia and the rest of the world has widened recently, and correlations between the MSCI Asia ex-Japan index and leading U.S. and global indexes are the weakest in about a month.
Bulls in Asia will be hoping some of that momentum drives local trading on Wednesday.
The MSCI Asia equity index ex-Japan is up 4.6% this year, significantly underperforming the MSCI World index, S&P 500 and Nasdaq which are up 17%, 19% and 38%, respectively.
Disappointing second quarter growth figures this week pushed the Chinese economic surprises index to its lowest in more than three years.
Persons:
Jamie McGeever, John Kerry, Li Shangfu, Henry Kissinger, Pita Limjaroenrat, Josie Kao
Organizations:
Bulls, Nasdaq, Bank of America, Bank of New York Mellon, Biden, Thomson, Reuters
Locations:
Asia, Japan, U.S, China, Beijing, Thailand, Zealand